Bashneft

Tag: Bashneft

AFK Sistema recalls $5.7 billion lawsuit against Rosneft and Bashneft

The Moscow Commercial Court has granted a request filed by AFK Sistema recalling its 330.4 billion rubles ($5.7 billion) lawsuit against Bashneft and Rosneft oil corporations.

15:59 20.03.2018

Russian court approves amicable agreement between Rosneft and AFK Sistema

The Commercial Court of the Republic of Bashkortostan has approved an amicable agreement in a 170.6-billion-ruble dispute (about $2.9 billion) between AFK Sistema, Sistema-Invest, and Rosneft oil corporation.

15:02 26.12.2017

Sistema and Rosneft seek approval of amicable agreement

AFK Sistema, Sistema-Invest, and Rosneft oil company have filed an application seeking approval of an amicable agreement in a 170.6-billion-ruble dispute (about $2.9 billion).

12:59 25.12.2017

AFK Sistema to pay Rosneft $2.3 billion

AFK Sistema will comply with a court’s ruling ordering the company and its subsidiary Sistema-Invest to pay 136.3 billion rubles (about $2.3 billion) to Rosneft oil corporation.

16:46 18.12.2017

AFK Sistema loses appeal against order to pay Rosneft $2.3 billion

The Eighteenth Commercial Court of Appeals has dismissed an appeal lodged by AFK Sistema against recovery of 136.3 billion rubles (about $2.3 billion) from the company and its subsidiary Sistema-Invest in favor of Rosneft.

13:59 18.12.2017

AFK Sistema demands $5.5 billion from Rosneft and Bashneft

AFK Sistema has filed a lawsuit with the Moscow Commercial Court demanding 330.4 billion rubles (over $5.5 billion) in damages from Russian oil corporations Rosneft and Bashneft.

15:21 08.12.2017

Rosneft and Bashneft file $2.2 billion lawsuit against AFK Sistema

Russian oil corporations Rosneft and Bashneft have filed a lawsuit with the Bashkortostan Republic’s Commercial Court seeking to recover 131.6 billion rubles (about $2.2 billion) of damages from AFK Sistema and Sistema-Invest.

17:05 07.12.2017

Russian oil companies’ claim against AFK Sistema set for June 6

The Commercial Court of the Republic of Bashkortostan will hear a 106.6 billion ruble lawsuit ($1.9 billion) lodged by Rosneft and Bashneft against AFK Sistema holding company on June 6.

10:34 15.05.2017

Rosneft, Bashneft demand $1.9 billion from AFK Sistema

Rosneft and Bashneft have filed a lawsuit with the Moscow Commercial Court seeking to collect 106.6 billion rubles ($1.9 billion) from AFK Sistema holding company.

10:45 03.05.2017

Russian investigators seek for foreign accounts of Bashneft ex-CEO

Russian investigators have sent requests to foreign bank seeking information on presence of accounts belonging to former Bashneft CEO Ural Rakhimov who stands charged with embezzlement upon the company’s stock sale.

12:13 09.03.2017

Bashneft ex-CEO seeks to partially close embezzlement case against him

The legal defense of former Bashneft CEO Ural Rakhimov seeks to partially close an embezzlement case against him because of the expiry of the period of limitation.

18:15 06.02.2017

Russian antimonopoly watchdog approves Rosneft's bid for Bashneft

Russia’s Federal Antimonopoly Service (FAS) has approved with a few requirements a bid of oil giant Rosneft to purchase up to 100 percent of Bashneft, the country’s sixth-largest oil company.

14:47 29.11.2016

Russian Economy Minister Ulyukayev arrested over alleged $2-million bribe

Russian Economy Minister Alexey Ulyukayev was arrested on suspicion of taking a bribe.

07:29 15.11.2016

Austrian court refuses to extradite Bashneft ex-CEO to Russia

The Vienna Regional Criminal Court has refused to extradite former Bashneft CEO Ural Rakhimov to Russia where he stands accused of embezzling over 210 billion rubles (about $2.9 billion).

16:23 09.03.2016

Russian antimonopoly service suspends case against Bashneft

The Federal Antimonopoly Service (FAS) has suspended the hearing of a case on an administrative violation during off-exchange transactions involving Bashneft to collect further evidence, RIA Novosti reports citing Dmitry Makhonin, Head of the Fuel and Energy Oversight Directorate.

12:20 18.09.2015

Supreme Court turns down Bashneft shareholder’s appeal over oil fields license ruling

Russia’s Supreme Court refused to review an appeal filed by Bashneft minority shareholder, Railya Inozemtseva, against the ruling over the license for the Trebs and Titov oil fields.

14:20 10.09.2015

Bashneft CEO Ural Rakhimov’s extradition hearing to take place this fall

An Austrian court will consider Russia’s request for the extradition of former Bashneft CEO Ural Rakhimov, who stands accused of embezzling over 210 billion rubles (about $3.2 billion), not earlier than this fall.

16:25 19.08.2015

Businessman Airapetyan implicated in Bashneft case left under house arrest

The Moscow City Court has upheld the house arrest of businessman Levon Airapetyan, a suspect in the Bashneft embezzlement case.

13:37 30.07.2015

Bashneft shareholder appeals ruling over Trebs and Titov oil fields license

Russia’s Supreme Court has registered an appeal filed by Bashneft minority shareholder, Railya Inozemtseva, against the ruling over the license for the Trebs and Titov oil fields.

14:23 16.07.2015

Russian investigators release Ural Invest accounts in Bashneft case

Russia’s Investigative Committee has unfrozen the accounts of Ural Invest, a company owned by former Bashneft owner Ural Rakhimov, that were previously seized within the criminal case on the alleged theft of Bashneft stock.

14:12 06.07.2015